Slate Change To Operating Activities vs Begin Period Cash Flow Analysis
SGR-U Stock | USD 10.60 0.10 0.93% |
Slate Grocery financial indicator trend analysis is much more than just breaking down Slate Grocery REIT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Slate Grocery REIT is a good investment. Please check the relationship between Slate Grocery Change To Operating Activities and its Begin Period Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slate Grocery REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Change To Operating Activities vs Begin Period Cash Flow
Change To Operating Activities vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slate Grocery REIT Change To Operating Activities account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Slate Grocery's Change To Operating Activities and Begin Period Cash Flow is -0.61. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Slate Grocery REIT, assuming nothing else is changed. The correlation between historical values of Slate Grocery's Change To Operating Activities and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Slate Grocery REIT are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Operating Activities i.e., Slate Grocery's Change To Operating Activities and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Change To Operating Activities
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from Slate Grocery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Slate Grocery REIT current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slate Grocery REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. Selling General Administrative is likely to gain to about 9.5 M in 2024, whereas Tax Provision is likely to drop slightly above 1.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 100.9M | 127.4M | 130.5M | 116.8M | Total Revenue | 138.3M | 177.5M | 203.3M | 164.9M |
Slate Grocery fundamental ratios Correlations
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Slate Grocery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Slate Grocery fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.3B | 1.7B | 2.3B | 2.2B | 1.9B | |
Other Current Liab | 13.3M | 11.8M | 21.6M | 26.5M | 30.4M | 17.6M | |
Total Current Liabilities | 105.2M | 30.9M | 52.4M | 134.7M | 348.9M | 366.4M | |
Total Stockholder Equity | 403.4M | 452.7M | 619.0M | 740.5M | 687.4M | 532.5M | |
Other Liab | 65.0M | 72.3M | 109.9M | 154.9M | 178.2M | 97.0M | |
Net Tangible Assets | 403.4M | 452.7M | 619.0M | 740.5M | 851.6M | 495.2M | |
Net Debt | 787.0M | 724.0M | 923.7M | 1.1B | 1.1B | 1.0B | |
Retained Earnings | 8.7M | 14.4M | 57.1M | 133.3M | 96.8M | 58.1M | |
Accounts Payable | 11.4M | 13.7M | 12.8M | 16.3M | 16.7M | 15.1M | |
Cash | 2.4M | 2.4M | 14.0M | 20.4M | 23.6M | 24.8M | |
Non Current Assets Total | 1.3B | 1.3B | 1.7B | 2.2B | 2.2B | 1.8B | |
Other Assets | 2.3M | 6.3M | 1.4M | 1.2M | 1.1M | 1.0M | |
Long Term Debt | 708.9M | 721.3M | 929.2M | 1.0B | 859.6M | 944.0M | |
Net Receivables | 12.1M | 4.3M | 5.6M | 6.1M | 6.3M | 8.7M | |
Common Stock Shares Outstanding | 41.0M | 47.4M | 58.8M | 60.4M | 59.3M | 55.5M | |
Non Current Liabilities Total | 806.5M | 839.9M | 1.1B | 1.2B | 1.0B | 835.2M | |
Other Current Assets | 2.9M | 21.0M | 7.7M | 9.2M | 1.8M | 1.8M | |
Other Stockholder Equity | (12.8M) | (25.3M) | (14.7M) | 10.5M | 9.4M | 9.9M | |
Total Liab | 911.7M | 870.8M | 1.1B | 1.3B | 1.4B | 1.3B | |
Net Invested Capital | 1.2B | 1.2B | 1.6B | 1.9B | 1.8B | 1.6B | |
Short Long Term Debt | 80.5M | 5.1M | 8.5M | 91.9M | 302.1M | 317.2M | |
Total Current Assets | 17.4M | 36.6M | 39.8M | 55.9M | 57.7M | 42.0M | |
Non Current Liabilities Other | 13.7M | 12.3M | 15.4M | 14.9M | 13.4M | 12.7M | |
Net Working Capital | (87.7M) | 5.7M | (12.7M) | (78.7M) | (291.2M) | (276.6M) | |
Property Plant Equipment | 1.3B | 1.3B | 1.6B | 2.1B | 2.4B | 1.7B | |
Capital Stock | 407.6M | 463.6M | 576.5M | 596.7M | 584.8M | 558.8M | |
Common Stock | 407.6M | 463.6M | 576.5M | 596.7M | 686.2M | 541.9M |
Pair Trading with Slate Grocery
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Slate Grocery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Slate Grocery will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Slate Grocery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Slate Grocery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Slate Grocery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Slate Grocery REIT to buy it.
The correlation of Slate Grocery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Slate Grocery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slate Grocery REIT moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Slate Grocery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Slate Stock Analysis
When running Slate Grocery's price analysis, check to measure Slate Grocery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Slate Grocery is operating at the current time. Most of Slate Grocery's value examination focuses on studying past and present price action to predict the probability of Slate Grocery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slate Grocery's price. Additionally, you may evaluate how the addition of Slate Grocery to your portfolios can decrease your overall portfolio volatility.